HIGH YIELD INVESTMENT OPPORTUNITY

Property reference

BPIB113MIL

Property particulars

Fixed price of
GBP 14,872

Bedrooms:	2	Tenure:	Freehold
Bathrooms:	1	Property age:	50-100 Years

Property description

HIGH YIELD INVESTMENT OPPORTUNITY
Buffalo, Western New York

SINGLE FAMILY PROPERTY
GROSS RENTAL YIELD 24%!!
LIST PRICE: $32,000 / �16,410
AGREED PRICE: $29,000 / �14,872
APPRAISED VALUE: $45,000 / �23,077

IT WILL COST YOU ONLY �17,905 TO BUY THIS PROPERTY OUTRIGHT
INCLUDING ALL EXPENSES, FEES AND COSTS!

� Gross Rental Yield 24%
� NET Monthly Income �218
� Projected Monthly Rent $650
� Property Manager Assigned
� Home Inspection Conducted - Estimated non urgent repairs $500
� Great location
� Single Family Property
� Attorney Assigned

This investment property is located north west of the city centre, about a mile a way from the Erie County Medical Centre.

SUNY University of Buffalo is just over a mile away to the north.

All expected amenities such as schools, shops etc are nearby.

The property is currently vacant, with a projected rental income of $650/month. Tenancy type: Month to Month.

FEATURES:
Two-Storey, Single Family Property.
2 bedrooms, 1 bath, lounge, dining room, kitchen. Covered front porch.
Detached Garage. Plenty of off street parking.
Partially fenced rear yard. Lot size 3360 sq ft.

Buffalo is five hours behind GMT and is located in Western New York, about half an hour\'s drive from Niagara Falls. The area measures 50 square miles and is the second largest city in the state of New York. It borders Canada, with Toronto just two hours drive away.

The capital growth in Buffalo is set to reach around 5% this year, and more in the better areas of the city. There are many development projects that have been either completed, ongoing or are set to begin. Buffalo has seen record investment recently, with over $3 billion in projects. New businesses and existing businesses that have expanded have resulted in an increase in �white collar� workers, thus increasing the population and encouraging other companies to invest there.

The real estate market remains �investor driven�. There are many portfolio owners there from all over the world. There are many bargains to be had, whether it is a duplex property with a high rental yield, or a single that will appraise far higher than the purchase price with a little work required, in areas of higher priced homes.

Buffalo is coming out of a recession and is rapidly improving, there has been a 3% rise in property prices over the last few months so now is the right time to invest in one of the cheapest housing markets in the world.

We provide a complete professional investment package on our Western New York rental properties. Prices start at �10k, NET rental returns of �250 monthly. With a weak dollar, and gross yields over 25%, now is the time to build a portfolio of freehold properties in Buffalo, Rochester and our new location - Syracuse, NY. We have over 2 years experience and offer unrivalled service to give you an armchair investment.

THESE PROPERTIES DO NOT STAY AVAILABLE FOR LONG,
AND WITH SUCH FANTASTIC GROSS RENTAL YIELDS IT�S NOT HARD TO SEE WHY!

CONTACT US NOW FOR MORE INFORMATION!!!

More property photographs

Make an enquiry here...

Please make sure you fill out AS MUCH of the information as possible as enquiries with false or inaccurate information will be removed. Please remember to include your country code in the telephone number fields.

* fields marked with this asterisk are mandatory

Your first name:*		Your surname:*
Email address:*		Daytime telephone:*
Mobile number:		Postcode / Zip Code:*
Timescale for purchase:*		Timescale for inspection visit:*
Purpose of your purchase:		Your age:
Your comments:*

Contact me about International payments		Information about property insurance
Information about mortgages		Information about conveyancing
Information on selling my property		Please add me to your mailing list

To prevent SPAM please answer this question: Adding 1 + 2 =